How To Make Your First $100,000 (Masterclass) - Deepstash
How To Make Your First $100,000 (Masterclass)

How To Make Your First $100,000 (Masterclass)

Curated from: The Futur

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First Step: Goal Setting

The first step to getting to a point where you make 100k a year is to set your goal and your target. Figure out what skill or service you want to provide and then learn that skill

Six Figure Target: 10k each month x 10 months = 100k

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Examples of Goal Setting

Here are some services that are common for the people who make 100k a year with side hustles.

  • Coaching/Consulting
  • Branding
  • Web Design and Development

I provide personalized web design and development services, constantly expanding my knowledge base to deliver top-quality results. My satisfied clients attest to my proficiency. For further details, please visit my page. https://on.contra.com/gtjmKL

The Goal is to Work Less while charging more

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Minimum Level of Engagement

When doing Freelance or any side hustle you need to figure out what your MLE is - Minimum Level of Engagement

When someone wants to pay for your service you need to make sure they reach the amount of money that is your MLE. Doing so helps you stay on track to hit your goal of 100K

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Marketing To Reach 100k

Outbound Marketing

  • Referrals- Asking clients to share you with your friends
  • Networking - Talking with Business Owners on Linkedin
  • Cold Outreach - Generate warm leads, engage with content

Inbound Marketing

  • Lead magnet
  • Summarize and Highlight Learnings 
  • Write posts and Case Studies highlighting the work that you are doing

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Summary

Making 100K a year requires a combination of factors, including hard work, skill development, and strategic planning.

Remember that earning a high income requires consistent effort and dedication over time. It's important to set realistic goals and continuously work towards them while staying motivated and adaptable to changes in your industry or career field.

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